2012-11-15T08:53:10-06:00 2011-12-31 560747981 DIXON HUGHES GOODMAN LLP POST OFFICE BOX 25849 GREENVILLE SC 296165849 990 2011-01-01 202996713 BMW CAR CLUB OF AMERICA INC BMWC 8642500022 640 S MAIN STREET NO 201 GREENVILLE SC 29601 LOUIS GOLDSMAN 8642500022 2012-11-15 1 AMY BIBBY P00445891 8642885544 2011 2016-02-24 21:20:13Z FRANK PATEK 640 S MAIN STREET NO 201 GREENVILLE SC 29601 5382411 0 X WWW.BMWCCA.ORG X 1969 SC TO PROMOTE SOCIAL INTERACTION AMONG BMW CAR CLUB MEMBERS 9 9 10 500 1183818 287209 0 0 2994558 3159653 73496 70998 1664440 1723526 4732494 4954177 0 94338 0 0 488654 531764 0 0 0 4101401 4180830 4590055 4806932 142439 147245 3502037 4098133 2989827 3296838 512210 801295 X THE MISSION OF BMW CAR CLUB OF AMERICA, INC. IS TO PROVIDE A VARIETY OF ACTIVITIES, EVENTS, AND PUBLICATIONS DESIGNED TO HELP APPROXIMATELY 70,000 MEMBERS LEARN ABOUT, MAINTAIN, DRIVE & ENJOY THEIR BMW. 0 0 THE ORGANIZATION SENDS OUT 12 ISSUES OF ROUNDEL MAGAZINE TO ITS MEMBERS EACH YEAR TO KEEP THEM UPDATED ON ITEMS OF INTEREST. THE ORGANIZATION'S NATIONAL OFFICE BUDGETS AND COORDINATES OKTOBERFEST EACH YEAR. OKTOBERFEST IS A WEEK-LONG EVENT THAT INCLUDES DRIVING EVENTS, CLUB RACES, AND SOCIAL FUNCTIONS FOR PARTICIPATING MEMBERS. THE NATIONAL OFFICE ALSO HOSTS THE NEWSLETTER EDITOR/WEBMASTER CONFERENCE, WHICH IS AN EDUCATIONAL CONFERENCE FOR CHAPTER NEWSLETTER EDITORS AND WEBMASTERS. THE INDIVIDUAL CHAPTERS SPONSOR VARIOUS DRIVING EVENTS FOR CLUB MEMBERS. THE NATIONAL OFFICE COORDINATES MOTORSPORT INSURANCE FOR THESE EVENTS. ADDITIONALLY, MEMBERS ARE GIVEN THE OPPORTUNITY TO PARTICIPATE IN CLUB RACES AND OTHER SOCIAL EVENTS. AS MEMBERS ARE ASSIGNED TO LOCAL CHAPTERS, A REBATE FROM MEMBERSHIP DUES IS MADE TO INDIVIDUAL STATE CHAPTERS ON AN ALLOCABLE BASIS TO SUPPORT EVENTS AT THE LOCAL LEVEL. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 7 1 10 1 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 0 1 1 1 0 X X LINDSEY JEFFERSON 8642500022 640 S MAIN STREET SUITE 201 GREENVILLE SC 29601 BRUCE HAZARD 6.00 X X 0 0 0 STEVE JOHNSON 6.00 X X 0 0 0 DARCY YENCH 6.00 X X 0 0 0 LOUIS GOLDSMAN 6.00 X X 0 0 0 MICHAEL LINGENFELTER 6.00 X 0 0 0 JOHN SULLIVAN JR 6.00 X 0 0 0 JEFF COWAN 6.00 X 0 0 0 DAN BAKER 6.00 X 0 0 0 PAUL DUNLEVY 6.00 X 0 0 0 FRANK PATEK II 40.00 X 133000 0 12504 133000 0 12504 1 0 0 0 MICHAEL SLAFF 22 WOBURN STREET SUITE 36 READING MA 01867 AD SALES 180086 SATCH CARLSON ASSOC LLC 8629 VIA MALLORCA UNIT F LA JOLLA CA 92037 EDITOR 112000 SUZIN KOEHLER 1907 FOUNDERS WAY SAUGUS MA 01906 ART DESIGN 105074 3 MEMBERSHIP DUES 900099 2852979 2852979 MEMBER EVENTS 900099 295050 295050 MEMBER REPRINTS/REIMB 900099 11624 11624 3159653 70998 70998 15824 15824 801025 390335 410690 410690 35663 37899 -2236 -2236 ROUNDEL ADVERTISING 541800 968551 968551 SPONSORSHIP REVENUE 900099 207698 4545 203153 CREDIT CARD INCOME 900099 100000 100000 22999 -901 23900 1299248 4954177 3567206 1183818 203153 94338 145504 275791 15459 68405 26605 63436 45170 818655 88159 1401428 24956 10055 154981 73995 68962 55974 CHAPTER MEMBERSHIP REBA 958710 EVENT EXPENSES 362371 INCOME TAX EXPENSE 51000 MISCELLANEOUS 2978 4806932 1007501 1033701 1915257 2193867 21239 44056 33846 33055 31577 49304 167363 162793 815695 313725 255089 501970 68665 77887 1500 1500 3502037 4098133 124073 147519 2865754 3128539 0 20780 2989827 3296838 X 0 0 0 0 512210 801295 512210 801295 3502037 4098133 X 147245 141840 X 0 0 0 332737 127974 204763 482958 185751 297207 501970 DEPOSITS 15530 FSA FUNDS HELD FOR EMPLOYEES 2966 ACCRUED 401(K) EXPENSE 2284 20780 0 801025 341202 49133 0 801025 341202 49133 390335 410690 SC 0 THERE IS NO PROVISION TO OBTAIN A RAFFLE LICENSE IN SC. 0 0 0 1.00000 PEGGY HELMKE 640 S MAIN STREET GREENVILLE SC 29601 0 FRANK PATEK SEE SCHEDULE O X 0 1 BMW CCA FOUNDATION 201-A PELHAM DAVIS CIRCLE GREENVILLE SC 29615 030437428 501(C)3 50000 STREET SURVIVAL PROGRAM SUPPORT 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT RECIPIENTS COMPLETE AN APPLICATION THAT IS REVIEWED AND APPROVED BY THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 BMW ENTHUSIASTS CAN JOIN THE CAR CLUB THROUGH PAYMENT OF A MEMBERSHIP FEE. MEMBERS ARE THEN ASSIGNED TO A LOCAL CAR CLUB SO THAT THEY CAN PARTICIPATE IN VARIOUS SOCIAL EVENTS WITH OTHER BMW ENTHUSIASTS IN THEIR AREA. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS ARE ELIGIBLE TO VOTE IN THE BOARD ELECTION. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD VIA E-MAIL WITH TIME FOR REVIEW AND COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL COVERED PERSONS ARE REQUIRED TO ANNUALLY CERTIFY THAT THEY ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND TO LIST ANY RELATIONSHIP, POSITION OR CIRCUMSTANCE IN WHICH THEY ARE INVOLVED AND BELIEVE COULD CONTRIBUTE TO A CONFLICT OF INTEREST. ANY QUESTIONABLE TRANSACTIONS ARE INQUIRED ABOUT BY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS SETS COMPENSATION FOR THE EXECUTIVE DIRECTOR AND ALL KEY EMPLOYEES BY REVIEWING CURRENT SALARIES, PERFORMANCE REVIEWS, AND CURRENT ECONOMIC FACTORS. INITIAL COMPENSATION WAS SET WITH THE AID OF THE EXECUTIVE SEARCH SERVICE USED. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. ADDITIONALLY, RECENT FILINGS OF THE FORM CAN BE FOUND ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S OPERATIONS MANUAL, WHICH INCLUDES THE CONFLICT OF INTEREST POLICY, IS POSTED ON THE ORGANIZATION'S WEBSITE AND IS AVAILABLE UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE PUBLISHED ANNUALLY IN ROUNDEL MAGAZINE AND COPIES ARE ALSO AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -3,959. PRIOR PERIOD ADJUSTMENTS: 145,799. TOTAL TO FORM 990, PART XI, LINE 5: 141,840. RAFFLE FORM 990, SCHEDULE G, LINE 16 FRANK PATEK IS THE EXECUTIVE DIRECTOR FOR BMW CAR CLUB OF AMERICA. AS EXECUTIVE DIRECTOR, HE OVERSEES THE ANNUAL RAFFLE. HE RECEIVES NO ADDITIONAL COMPENSATION FOR THIS DUTY. HIS SALARY AS EXECUTIVE DIRECTOR IS DISCLOSED IN PART VII OF THE FORM 990.